A good analyst may not mean a good trader

[Smartprofit]

I thought of this today few hours ago and I decided to also include it as one of the topics I will post today on this forum.

What if someone is good in analyses and he is an analyst, can such person be losing while trading?

Or a good analyst will prefer swing trading and holding than scalping and day trading which are the riskiest trading types?

If you can use some or more people as an example in your post, I will really appreciate that.

Of course, being a good analyst doesn't necessarily mean being a good trader.🙋

I have a friend. He's an excellent analyst (he has a broad perspective and strategic thinking). He's well-versed in technical analysis and is excellent at predicting asset price movements (that is, he understands whether the price will rise or fall). At the same time, he's a very timid and indecisive person. He traded on a cryptocurrency exchange but didn't achieve success. Due to his natural timidity, he wasn't able to make the right decision to press the button and enter a trade at the right time. Unfortunately, it's impossible to simultaneously think and trade successfully.🤷

A successful trader doesn't necessarily need to have an accurate and objective picture of the world. A trader only needs a basic understanding of market processes, enough to make the right decision (a right decision is one that results in profit, not loss). A trader must be able to instantly calculate probabilities in their head and quickly make the right decisions.  A trader is not a scientist or a researcher, but a practitioner.

[Finebone]

A trader must be able to instantly calculate probabilities in their head and quickly make the right decisions.  A trader is not a scientist or a researcher, but a practitioner.

You are spot on with this statement sir, when trading, where the real battles are is in your psychology, that is why emotional control is very important, because you might know what the market is about to do next, but if you don't know how to control your emotions, you will start doubting yourself and your analysis because what is happening in the market that particular time is the direct opposite of what your analysis is saying, and sometimes you may be actually right, but since your emotions got the better of you, you may have pulled out of the trade or you may go in the direct opposite of your analysis that was right, because your emotional state is messed up entirely, so if your emotions cannot be tamed while trading, all your analysis are useless, that's why being a good analysis doesn't guarantees a good trader.

[Bushdark]

A trader must be able to instantly calculate probabilities in their head and quickly make the right decisions.  A trader is not a scientist or a researcher, but a practitioner.

You are spot on with this statement sir, when trading, where the real battles are is in your psychology, that is why emotional control is very important, because you might know what the market is about to do next, but if you don't know how to control your emotions, you will start doubting yourself and your analysis because what is happening in the market that particular time is the direct opposite of what your analysis is saying, and sometimes you may be actually right, but since your emotions got the better of you, you may have pulled out of the trade or you may go in the direct opposite of your analysis that was right, because your emotional state is messed up entirely, so if your emotions cannot be tamed while trading, all your analysis are useless, that's why being a good analysis doesn't guarantees a good trader.

Trading the current market is not all about your emotions but what you can do to be profitable in the market. You don't have to know everything about the market for you to be profitable at all, all you need is a good strategy and signal that will make you profitable gradually. Emotional problem comes when you don't know how to use your strategy well or being afraid of the market.
People with emotional peobwm will find it very hard to make profits in the market and they will need to work on themselves to be profitable in a long term term interval.

[wozzek23]

Trading the current market is not all about your emotions but what you can do to be profitable in the market. You don't have to know everything about the market for you to be profitable at all, all you need is a good strategy and signal that will make you profitable gradually. Emotional problem comes when you don't know how to use your strategy well or being afraid of the market.
People with emotional peobwm will find it very hard to make profits in the market and they will need to work on themselves to be profitable in a long term term interval.

Yeah I agree, you can study and learn as much as you want but if the market is reacting like crazy then it's not going to end up with anything good at all. Most people made a lot of mistakes during the starting time, some people start at bear market and that makes it very difficult. This should be very careful move and we can do a lot better on the long term if we can create a ton of issues with timing.

Market could make so many people lose money, even if you are a veteran who makes a lot of money that doesn't mean you will make profit in every market, some people will lose money in every type of period, doesn't matter if you are a newbie or a veteran. So learn to time it well and make sure you are trading at right time.

[|MINER|]

Of course a good analyst is a good trader. Unless he is lying. .Because a good analyst has all the knowledge related to trading. A person who knows everything about trading will definitely be good at trading. The main condition of trading is that you have to be a good analyst. But now it is difficult to find an actual analyst. Almost everyone tries to be a good analyst by watching others and gives knowledge. But in reality their knowledge is very limited, so they cannot perform well in trading.

[Mandoy]

A trader must be able to instantly calculate probabilities in their head and quickly make the right decisions.  A trader is not a scientist or a researcher, but a practitioner.

You are spot on with this statement sir, when trading, where the real battles are is in your psychology, that is why emotional control is very important, because you might know what the market is about to do next, but if you don't know how to control your emotions, you will start doubting yourself and your analysis because what is happening in the market that particular time is the direct opposite of what your analysis is saying, and sometimes you may be actually right, but since your emotions got the better of you, you may have pulled out of the trade or you may go in the direct opposite of your analysis that was right, because your emotional state is messed up entirely, so if your emotions cannot be tamed while trading, all your analysis are useless, that's why being a good analysis doesn't guarantees a good trader.

You are just correct. there is a difference between analysis and execution. Most traders are likely to read charts well but fail when it is not just a piece of paper since emotions prevail over reasoning. The market does not run in a straight line and hence when the analysis is right, panic or doubt can be stimulated by temporary dips. This is the reason discipline, patience, and risk management are equally important to the skill. The trader gets successful not only in mastering the art of forecasting the market, but also being cool enough to stick to his or her own plan.

[ScamViruS]

A good analyst has market knowledge and knows how to analyze the market. To be a good trader, it is important to have market knowledge, a trader must have enough intelligence to make the right decisions at the right time. A good analyst can research the market well, which can lead to profits if he or she becomes a trader and has the ability to make instant decisions. Because a trader has to make decisions based on market conditions, they have to take advantage of market opportunities quickly to take advantage of the market.

[suhadi88]

You are just correct. there is a difference between analysis and execution. Most traders are likely to read charts well but fail when it is not just a piece of paper since emotions prevail over reasoning. The market does not run in a straight line and hence when the analysis is right, panic or doubt can be stimulated by temporary dips. This is the reason discipline, patience, and risk management are equally important to the skill. The trader gets successful not only in mastering the art of forecasting the market, but also being cool enough to stick to his or her own plan.

Of course, that's the reality, and if we're patient and wait for the right entry timing, I think it's more or less advantageous than rushing into it because we know that in a market like this, they're working quietly, quietly accumulating liquidity, and retailers, seeing a market like this, are also lazy, and they're just waiting and seeing rather than getting hit again, and if the timing is right, the profit explosion will be quite substantial if you get it.

[YUriy1991]

Trading the current market is not all about your emotions but what you can do to be profitable in the market. You don't have to know everything about the market for you to be profitable at all, all you need is a good strategy and signal that will make you profitable gradually. Emotional problem comes when you don't know how to use your strategy well or being afraid of the market.
People with emotional peobwm will find it very hard to make profits in the market and they will need to work on themselves to be profitable in a long term term interval.

I believe that every decision made in the stock market is an analysis of each individual's methods and abilities. However, sometimes when emotions become involved, we can be devastated and suffer significant losses when our psychology is influenced by the desire for large, quick profits. This is where we must manage our emotions to prevent logic and intelligence from being overpowered by momentary emotional feelings. Sometimes emotionally driven decisions are correct and profitable, but I believe that's simply luck on our side. But other times, in these situations, traders experience significant losses because they are carried away by their emotions. In the market, growing assets is crucial for self-control, recognizing opportunities, and being patient. Experienced analysts keep a small notebook where they record every emotion and decision they make.

[dunfida]

Trading the current market is not all about your emotions but what you can do to be profitable in the market. You don't have to know everything about the market for you to be profitable at all, all you need is a good strategy and signal that will make you profitable gradually. Emotional problem comes when you don't know how to use your strategy well or being afraid of the market.
People with emotional peobwm will find it very hard to make profits in the market and they will need to work on themselves to be profitable in a long term term interval.

I believe that every decision made in the stock market is an analysis of each individual's methods and abilities. However, sometimes when emotions become involved, we can be devastated and suffer significant losses when our psychology is influenced by the desire for large, quick profits. This is where we must manage our emotions to prevent logic and intelligence from being overpowered by momentary emotional feelings. Sometimes emotionally driven decisions are correct and profitable, but I believe that's simply luck on our side. But other times, in these situations, traders experience significant losses because they are carried away by their emotions. In the market, growing assets is crucial for self-control, recognizing opportunities, and being patient. Experienced analysts keep a small notebook where they record every emotion and decision they make.

Trading in the current market is not about knowing everything but about using a strategy that works slowly and consistently. Profit comes from applying your method the same way every time and not letting fear or confusion control your actions. Emotional problems appear when you do not understand your own strategy or when you are scared of losing and that fear pushes you into mistakes. Anyone with unstable emotions will struggle to make long term gains until they work on themselves.

Every decision in the market comes from our own methods and abilities. When emotions enter the process they can overpower logic and make us chase quick gains that rarely turn out well. Sometimes emotional trades win but that is only luck not skill. Most of the time emotions lead to losses because they make people act without patience or clarity. Growing your account requires self control and the ability to wait for the right moment. Some traders even keep a notebook to track their feelings and decisions so they can see where emotion influenced them. With discipline and awareness the market becomes easier to navigate because you are acting from a plan instead of reacting to the movement. Without that discipline even the best strategy becomes useless.

[Ishicryptic]

Of course a good analyst is a good trader. Unless he is lying. .Because a good analyst has all the knowledge related to trading. A person who knows everything about trading will definitely be good at trading. The main condition of trading is that you have to be a good analyst. But now it is difficult to find an actual analyst. Almost everyone tries to be a good analyst by watching others and gives knowledge. But in reality their knowledge is very limited, so they cannot perform well in trading.

A good analyst is supposed to be a good trader because if you can analyze well you can avoid unnecessary emotions and mistakes but there is no perfect analysts because whatever they come up with is based on their predictions. To be a good analyst you need to have the knowledge of a good trader and that is deep knowledge in technical analysis and fundamental analysis. The point is that if you are good in analysis doesn't mean that you cannot lose in trading, the best professional traders experience loses because trading is risky. Unfortunately there are people who claim to be trading analysts but in actual fact they are just like every regular traders without deep understanding and that is why they are not be good traders.

[Jatiluhung]

Of course a good analyst is a good trader. Unless he is lying. .Because a good analyst has all the knowledge related to trading. A person who knows everything about trading will definitely be good at trading. The main condition of trading is that you have to be a good analyst. But now it is difficult to find an actual analyst. Almost everyone tries to be a good analyst by watching others and gives knowledge. But in reality their knowledge is very limited, so they cannot perform well in trading.

Actually, there are other things that a trader must master in order to become a good trader besides good analysis. Namely, emotional management and risk management. Even an analyst can still fall into losses if he gets carried away by emotions in market trends. Such as getting carried away by hype in the market. Or he becomes greedy and deviates from the well-thought-out plan that has been carefully prepared.

Or if an analyst does not regularly update the news they need to know about the fundamental conditions of the market. Sometimes the market can suddenly reverse direction and not match the technical analysis.

So, we often see even large traders suffer losses because their positions are liquidated in the futures market, even with values of millions of dollars.

[Mpamaegbu]

Of course a good analyst is a good trader. Unless he is lying. .Because a good analyst has all the knowledge related to trading. A person who knows everything about trading will definitely be good at trading.

It doesn't work that way, even if that's the expectation. It's like saying every good football analyst is a great footballer. Nah! Theory isn't the same as practical, you and I know it. In trading, analysing trades and having strategies is even less than 50% of what it takes to trade. People can be extremely good at analysing trades but can't execute that and profit from their entries because emotions will mess their analyses up. Trading is more of an emotional control thing than analyses.

[arwin100]

Of course a good analyst is a good trader. Unless he is lying. .Because a good analyst has all the knowledge related to trading. A person who knows everything about trading will definitely be good at trading.

It doesn't work that way, even if that's the expectation. It's like saying every good football analyst is a great footballer. Nah! Theory isn't the same as practical, you and I know it. In trading, analysing trades and having strategies is even less than 50% of what it takes to trade. People can be extremely good at analysing trades but can't execute that and profit from their entries because emotions will mess their analyses up. Trading is more of an emotional control thing than analyses.

They can be good on analyzing on each situation happening in trading, but actually it doesn't guarantee any passive profits to them.

Since as always no one can predict the flow or movement of the market that's why even if they are good analyst as what they claim we cannot assume that they are passively earning on each trades they execute.

But somehow its good that they have knowledge since they can manage everything well on each action they want to do. Also usually they can do great decision towards what they do on each situations they are facing on the market.

[|MINER|]

A good analyst is supposed to be a good trader because if you can analyze well you can avoid unnecessary emotions and mistakes but there is no perfect analysts because whatever they come up with is based on their predictions. To be a good analyst you need to have the knowledge of a good trader and that is deep knowledge in technical analysis and fundamental analysis. The point is that if you are good in analysis doesn't mean that you cannot lose in trading, the best professional traders experience loses because trading is risky. Unfortunately there are people who claim to be trading analysts but in actual fact they are just like every regular traders without deep understanding and that is why they are not be good traders.

What I really wanted to point out is that to be a good trader, you also have to be a good analyst. In that case, analyst and trading are complementary to each other, so I don't see any need or logic to think about it separately.
Moreover, we all know that skill plays a big role in trading, but at the same time, it is very difficult to predict how the market will be or what will happen next, in such a situation, it is seen that many big traders have faced losses while trading millions of dollars, although most of these traders can recover later. And we have already seen the situation of those who cannot, after the suicide attempt of a crypto trader in Ukraine.

[serjent05]

I thought of this today few hours ago and I decided to also include it as one of the topics I will post today on this forum.

What if someone is good in analyses and he is an analyst, can such person be losing while trading?

If he is trully a good analyst and has confidence in his analysis than no, that person won't be losing in trading.

Or a good analyst will prefer swing trading and holding than scalping and day trading which are the riskiest trading types?

This is subjective since this depends on what the analyst prefer.  Others like scalping, while others prefer swing trading or position trading

If you can use some or more people as an example in your post, I will really appreciate that.

A friend of mine, also a member of this forum, is somehow good at analysing the market, he often does combinations. Sometimes he does scalping, but most of the time he likes positioning and trend trading.

[Dickiy]

Of course a good analyst is a good trader. Unless he is lying. .Because a good analyst has all the knowledge related to trading. A person who knows everything about trading will definitely be good at trading.

It doesn't work that way, even if that's the expectation. It's like saying every good football analyst is a great footballer. Nah! Theory isn't the same as practical, you and I know it. In trading, analysing trades and having strategies is even less than 50% of what it takes to trade. People can be extremely good at analysing trades but can't execute that and profit from their entries because emotions will mess their analyses up. Trading is more of an emotional control thing than analyses.

I agree with you, if analytical skills were the key to profitability then many traders would have become very rich.

Trading is not as easy as turning your palm, the market is not as good as you think, having skills in analyzing it does not mean you will always be right in predicting the market, there will always be moments where your entry misses due to market fluctuations that occur unexpectedly.

Not to mention the problem of emotions that are not easy to control, so actually there are still many things that trigger losses even though for example you feel you have enough skills in analyzing the market.

[barbara44]

There is a very small niche amount of people who are great analysts and not good traders. Because if you are analysing very good then there is a chance you can also trade very good. I am not saying that doesn't exist, surely there must be some people like that, but it's a subset of a subset, so it's a small amount of people.

If you want to be a good trader then the best way to achieve that would be becoming a good analyst and if you can become one then trading and making profit won't be that hard. Without practicing on how to analyse the market, you never become a trader at very first. So, working on analyse part of trading will decide your final outcome in trading.

[shield132]

I thought of this today few hours ago and I decided to also include it as one of the topics I will post today on this forum.

What if someone is good in analyses and he is an analyst, can such person be losing while trading?

Or a good analyst will prefer swing trading and holding than scalping and day trading which are the riskiest trading types?

If you can use some or more people as an example in your post, I will really appreciate that.

I think that someone can be very good at analysis but can suck at trading. Looking at myself, I would say that I'm very good at analysis but not so good at trading. If I were as good at trading as I am at analysis, then I would have significantly better results but I'm still grateful for my profits. I believe that the reason why someone can be good at analysis but suck at trading is that when you only make analysis, you are not under any pressure, you feel calm and make more rational choices. When you trade, you are under pressure that if anything happens, you'll lose money. Since this pressure never leaves your mind, you often change decisions and make wrong choices, so your trades are worse than your ability of analysis.

[junder]

A good analyst has market knowledge and knows how to analyze the market. To be a good trader, it is important to have market knowledge, a trader must have enough intelligence to make the right decisions at the right time. A good analyst can research the market well, which can lead to profits if he or she becomes a trader and has the ability to make instant decisions. Because a trader has to make decisions based on market conditions, they have to take advantage of market opportunities quickly to take advantage of the market.

With good knowledge, you'll do your best, and one way to achieve the best results is through thorough analysis, which leads to being a good trader. You're right: knowledge is crucial in trading. Simply going about it without sufficient knowledge is tantamount to relying on luck, while knowledge and analysis can significantly increase your chances of success. It's foolish to do so without any knowledge at all.